Bombay High Court Decides Income Tax Appeal Concerning Addition of Provision for Doubtful Debts to Book Profit Under Section 115JA of Income Tax Act. Appeal involved whether a provision for doubtful debts/advances was a reserve under clause (b) of Explanation to Section 115JA and thus required to be added to book profit.
9 Jul 2025The matter arose from an income tax appeal filed by an assessee company, an export house recognized by the Ministry of Commerce, engaged in export of ...




